Stay updated with breaking news from Timothy fong. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
We would play a forerunner of fantasy and frankly 5 of the entire industry is the daily fantasy industry. The rest of the industry is fantasy on a seasonal basis that nobody questions. I think well see in the future most of this evolving into Technology Companies as opposed to Media Companies which is another issue. Mark cuban is right. Why do you think the daily Fantasy Sports are seen one way, season long sports are seen a different way. In my opinion seasonlong Fantasy Sports is skill based. Players are constantly making moves. Things are changing. Daily Fantasy Sports is gambling because it is a game of chance. Any events can happen that day, alter the game, outcome and essentially be just determinin ....
Largest sites hav spent more than 200 million on ads promising big paufs. Users compete trying to pick the best player for the virtual team. The winner is determined by the player stat that is day and a cash prize is awarded. Nearly 57 Million People ininhe United States and canada play Fantasy Sports. Up nearly 90 since 2008. Professional sports leagues and Big Companies iested in the concept. But as daily Fantasy Sports have grown in popularity so have questions about the legality. Thats spurred protest. Most players lose money. A study by sports Business Journal found in the first half of 2015, 91 of baseballs daily fantasy player profits were won by 1. ....
Of 2015, 91 of baseballs daily fantasy player profits were won by 1. 3 of users. The attorneys general of six states call it gambling or illegal under state laws. Investors like the Dallas Mavericks owner mark cuban say it is a game of skill. We know Fantasy Sports and daily fantasy arent gambling. Period. End of story. Comcast and nbc universal, the Parent Company that produce it is program own a stake in fan duel. Are daily Fantasy Sports skill or gambling . Timothy fong is from the ucla Gambling Studies Program and rick ca are, ro is a sports attorney. Thank you for being here. Rick, what do you think . Is it a game of skill or gambling . Its a game of skill based on my prior history. In the 60s ....